Oil Prices Surge Past $100 Amid Houthi Attacks on Tankers
Oil prices have risen above $100 a barrel, reaching their highest levels since May, following intensified Houthi attacks on oil tankers in the Middle East. These attacks have increased supply risks and prompted some tankers to alter their routes.
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Tankers make sharp U-turns after Houthi shipping threat
All of the ships were travelling to or from Saudi ports before changing course, ship-tracking data shows.
Read full article →Oil price passes $100 a barrel again as Middle East conflict escalates
Benchmark rises sharply over fears Houthi militia could strangle Saudi exports as US-Iran fighting intensifies The oil price has climbed back above $100 a barrel for the first time in two months, as a fresh escalation of the Middle East conflict threatens to compound disruption to global oil supplies. The benchmark oil price rose sharply on Thursday, after reaching $95 a barrel the day before amid fears that Yemen’s Houthi militia could strangle Saudi oil exports through the Red Sea while US-...
By Joanna Partridge
Read full article →US energy shares gain as Houthi tanker attacks push Brent to $100
Read full article →Oil settles over $100 as Houthi attacks intensify Middle East supply risks
Oil prices rose above $100 for the first time since May after Yemen's Iran-backed Houthis opened a new front in the Iran war by targeting Saudi vessels in the Bab el-Mandeb Strait.
Read full article →Oil shoots to its highest since May after Houthi tanker attacks
Brent oil shot to more than $100 per barrel on Thursday, its highest level since May, extending a five-day rally after attacks on two Saudi oil tankers in the Red Sea heighte...
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